Verma Traders engaged in retail trade since April, 2018 applied for voluntary registration in August, 2018 and obtained registration on 29-8-2018. State the period for which it can avail input tax credit for the purchase

CS Executive · Tax Laws and Practice · PYQS · December 2019
Verma Traders engaged in retail trade since April, 2018 applied for voluntary registration in August, 2018 and obtained registration on 29-8-2018. State the period for which it can avail input tax credit for the purchases and stocks held by it :
(A) from 1-8-2018
(B) from 1-5-2018
(C) from 1-4-2018
(D) from 1-9-2018

Answer & Explanation:

The official key records '*'. This question is excluded from automatic grading because the source does not supply an unambiguous valid choice. Official source note: None of the option is correct because date immediately preceding the grant of registration is to be seen.

Topics: GST

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